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Office Conversion on 12.4 Acres near US Hwy 90 in Houma

2655 W Park Ave, Gray, LA 70359

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Overview

Strategically positioned along LA Highway 24 (West Park Ave.), just two miles north of U.S. Highway 90 (Future I-49), this 12.43-acre tract offers a rare opportunity to establish a presence in the core of South Louisiana’s energy and industrial corridor. With direct connectivity to “America’s Energy Corridor” linking Port Fourchon to Houston, the site is ideally suited for office, service-based industrial users, or future commercial development.

The property includes a 2,144 SF structure currently configured as a residence but readily adaptable for office use, making it an ideal solution for owner-users seeking immediate occupancy with long-term expansion potential. Over two-thirds of the acreage lies within FEMA Flood Zone X, providing a significant advantage for development, insurance costs, and long-term asset stability.

Surrounded by major energy operators, government infrastructure, and a growing medical base, this location offers both operational convenience and strong future growth fundamentals within the Houma-Thibodaux MSA.

Key Selling Points

1. Strategic Corridor Location

  • Positioned on LA Highway 24 with quick access (±2 miles) to U.S. Highway 90 / future I-49
  • Direct access to “America’s Energy Corridor” connecting Port Fourchon to Houston
  • Ideal logistics positioning for companies servicing offshore, fabrication, and energy operations

2. Surrounded by Major Industry & Demand Drivers

  • Proximity to leading energy and service companies including BP, Chevron, Danos, Hunting, and K+B
  • Near major government and institutional anchors:
    • Fletcher Technical Community College
    • Terrebonne Parish Highway 90 Complex
    • Terrebonne Parish Sheriff’s Office (new facility)
    • Louisiana State Police Troop C
  • Expanding medical corridor nearby:
    • Cardiovascular Institute of the South
    • Southeast Neuroscience Center

3. Favorable Flood Zone Profile

  • Over 2/3 of the property in FEMA Flood Zone X (minimal flood risk)
  • Significant cost savings on insurance and improved development feasibility
  • Increasingly rare attribute in coastal Louisiana markets

4. Flexible Zoning (Unzoned)

  • No zoning restrictions allow for a wide range of uses:
    • Office / office conversion
    • Light industrial yard or service facility
    • Commercial or mixed-use development
    • Laydown yard or equipment staging
  • Ideal for users needing operational flexibility

5. Immediate Usability + Long-Term Upside

  • Existing 2,144 SF structure easily convertible to office:
    • 3 private offices
    • Reception / waiting area
    • Breakroom
  • Additional improvements:
    • 2-car garage
    • Storage barn
  • Allows for immediate occupancy while planning future expansion or redevelopment

6. Large Acreage with Visibility & Income Potential

  • 12.43 acres provides scalability for operations or phased development
  • Batture frontage offers:
    • High-visibility signage opportunity
    • Potential billboard revenue stream



For Sale

Office
Land
Sale Price
$525,000
Price Per SF
$244.87/SF
Building Size
2,144 SF
Acres
12.43 ac
Is Vacant
Yes
Zoning
UNZONED
Building Class
C
# of Buildings
1
Floors
1
Construction Siding
Brick
Construction Type
Masonry
Nearest MSA
Houma-Thibodaux
Property Use Type
Vacant/Owner-User
Property Status
Existing
Nearest Hwy
U.S. Hwy 90 - 2 mi
Parish
Terrebonne
Listed
04/13/2022
Updated
04/14/2026
Listing ID
8a1354f7
Parcel APN
4591